Apartment hotel on Koh Phangan

Property offer for sale in Thailand's island: investment Koh Phangan.
building (1500 qm livable area) with 20 apartments + rooftop restaurant (current design) which may use all facilities and infrastructure in the Resort, including 932 qm freehold resort land.
The buyer can therefore choose to use the current (fully designed) plans to complete the building with 20 apartments on 3 floors and a spectacular rooftop restaurant or make a different custom-made plan with for example bigger apartments, 4 extra apartments on the ground floor, rooftop living areas, changed floorplans, different functions or additions etc.
- Great investment object- great rental return when finished
- Buy 20 apartments, and large rooftop area wholesale and sell them later individually
- Capital appreciation
- Currently discounted rates because of the crisis
- Managements service option, we take care of you property without any hassle for you.
- Water and electricity supply arranged by the resort (normally unreliable and expensive on the island)
- Become part of a resort already successfully in operation
- Option to complete the building for you to your own preferences
- Local Expert assistance in completing the building 3 floors + roofterace 55% completed with very good panoramic sea views Price : 27 Million THB as it is now or 45 Million THB completed

Zustand:

the main concrete structure and water/waste system is ready but apartment floorplan/layout changes are still possible. Currently the roof is being finished and all apartment windows are glazed.

Ausstattung:

Everything is still possible with this building; the only requirement is that it fits in with the rest of the project. The building also has a huge remaining ground floor area which can be used for a bar, restaurant, spa, gym, staff accommodation, storage etc.

Wohnfläche: 1.500 qm livable area
Nutzfläche: k.A.
Grundstücksgröße: including 932 qm freehold resort land
Baujahr: Approximately 55% of the construction of building is finished

Zimmerzahl:

20 apartments + rooftop

Etagen:

3 floors and a spectacular rooftop

Garage / Stellplatz:

k.A.

Balkon:

k.A.

Terrasse:

look picture

Heizungssystem:

k.A.

Bodenbelag:

k.A.

Terrasse:

look picture

Frei ab:

Viewing by appointment

Lagebeschreibung

arguments to buy in Koh Phangan. Fast developing island, the last 5 years have seen a dramatic improvement of infrastructure and facilities, capital appreciation is high. Becoming an exclusive island, initially discovered by backpackers it’s know a tourist destination for more sophisticated travelers.